181
181
Jan 31, 2013
01/13
by
CNBC
tv
eye 181
favorite 0
quote 0
because some of the defense names are already saying the ceos are saying that they don't expect that to happen and their plans and their guidance for the year does not count that. >> does not necessarily count that. then probably there has been some compromise, most economists say if it all goes in, that's a half a point on gdp. i think housing is going to more than compensate for that in 2013. so, my feeling is, yeah, we're going to probably have some more cutbacks. i would love to see some serious long-term deficit reduction. we'll see what's happened. we need a commission, i think, something like simpson-bowles, now that the temperature has gone down a little bit, i think would make greater -- i think would make greater process. >> jeremy you say housing, you think, will compensate for all of that. yesterday we spoke with marty feldstein who says he thinks the fed is artificially inflating housing prices at this point by keeping interest rates so low and that makes people able to get much lower mortgage rates and eventually that's going to come off and will put a lot of pressure h
because some of the defense names are already saying the ceos are saying that they don't expect that to happen and their plans and their guidance for the year does not count that. >> does not necessarily count that. then probably there has been some compromise, most economists say if it all goes in, that's a half a point on gdp. i think housing is going to more than compensate for that in 2013. so, my feeling is, yeah, we're going to probably have some more cutbacks. i would love to see...
245
245
Jan 28, 2013
01/13
by
CNBC
tv
eye 245
favorite 0
quote 0
defense aircraft a big part of it. i want to get to capital goods ex-aircraft is i have a different number guys. i better go back and check this out. ex-aircraft defense was up just 0.2 rick. >> that's what i've got, as well. >> that's not a great number. >> no, it really isn't. >> capital goods new orders -- that made sense. because i was very confused. everybody said during the fess cal cliff showdown that there was a capital spending decline that that was at least one of the approximate reasons why -- >> i would have been very, very confused to see a 2% rise, and that's a number that we're hoping this year ends up being one of the things that turns around. i don't know, jeff, if you're in to the capital goods -- >> oh, yes. >> stocks right now. but they have been hit, and now there's perhaps some value there. >> there's really a lot of hope it turns around. year over year look at these numbers. they are flat year over year. you look at orders, exaircraft, literally i think is 0.0. >> right. >> it is very -- >> it is
defense aircraft a big part of it. i want to get to capital goods ex-aircraft is i have a different number guys. i better go back and check this out. ex-aircraft defense was up just 0.2 rick. >> that's what i've got, as well. >> that's not a great number. >> no, it really isn't. >> capital goods new orders -- that made sense. because i was very confused. everybody said during the fess cal cliff showdown that there was a capital spending decline that that was at least one...
156
156
Jan 30, 2013
01/13
by
CNBC
tv
eye 156
favorite 0
quote 0
we're keeping a close eye on shares of defense contractor northrop grumm mon. they reported a profit of two cents a share after stripping other items. $1.74. revenue is above consensus. the company says it's facing a challenge this year with the fed. >> former federal reserve vice president executive and nchief economics reporter dapper sartorial and on the record today with an article in the paper. that's where i have to start with you, john. we're making money. i love when i see the fed report, they made another 10 trillion dollars, they gave it to the treasury, this is all we've got to do. your point is it's not always going to be they're on the right side of the ledger for some of these trades. how badly could it burn us down the road? >> the fed could go -- what happened, people at the fed are starting to get worried about this. a bunch of fed economists looked at that and said the fed could go four years or more without turning a penny over to the treasury because this huge portfolio of bonds they've got could turn sour down the road. they have to sell so
we're keeping a close eye on shares of defense contractor northrop grumm mon. they reported a profit of two cents a share after stripping other items. $1.74. revenue is above consensus. the company says it's facing a challenge this year with the fed. >> former federal reserve vice president executive and nchief economics reporter dapper sartorial and on the record today with an article in the paper. that's where i have to start with you, john. we're making money. i love when i see the fed...
320
320
Feb 1, 2013
02/13
by
CNBC
tv
eye 320
favorite 0
quote 0
and then the defense piece which seemed to have some anomalies towards the end of the year, so i don't think that's so much of an issue. i'm kind of where austin is. if you look at the year over year gdp growth it's 1.5%. the year over year kind of smooths out some of those volatility issues. that's below trend. i guess right now, trend growth, gdp probably around 2%. it seems like when we're hitting two we were getting jobs numbers in the 150 to 170 range. so we're probably a little below that right now. >> i think trend is probably still 2%, 2.5%. when all the data come in, come out. the key thing in this report is the benchmark revisions. once a year, the bls benchmarks this survey based data. actual employment counts for unemployment insurance records. >> you mean rather than the political -- >> rather than -- >> this is -- this is a pure count of jobs based on the actual tax related -- >> actual number. we know of march that's going to be revised by 400 k. it's likely to revise the whole rates of growth since then. >> i want to stop you there. because what happens, if this exercis
and then the defense piece which seemed to have some anomalies towards the end of the year, so i don't think that's so much of an issue. i'm kind of where austin is. if you look at the year over year gdp growth it's 1.5%. the year over year kind of smooths out some of those volatility issues. that's below trend. i guess right now, trend growth, gdp probably around 2%. it seems like when we're hitting two we were getting jobs numbers in the 150 to 170 range. so we're probably a little below that...
211
211
Jan 29, 2013
01/13
by
CNBC
tv
eye 211
favorite 0
quote 0
you've got two of the best defenses -- two best teams, but probably the best two defenses in the nfl. >> appreciate it. best of luck with your draft choices, and next year, too. >> thanks. i appreciate it. >> okay. coming up, stocks on the move ahead of the opening bell. we're going to talk more with jim cramer after the break. calls to generate income? with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ♪ let's go. ♪ ♪ ♪ [ male announcer ] introducing the all-new cadillac xts... another big night on the town, eh? ...and the return of life lived large. ♪ >>> welcome back to "squawk box," everyone. jim, we're watching several companies with earnings this morning that cam
you've got two of the best defenses -- two best teams, but probably the best two defenses in the nfl. >> appreciate it. best of luck with your draft choices, and next year, too. >> thanks. i appreciate it. >> okay. coming up, stocks on the move ahead of the opening bell. we're going to talk more with jim cramer after the break. calls to generate income? with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters...